Wednesday, February 14, 2024 9:56:36 AM
I get it, a quick pop to .01 is hard to argue with, but ultimately I firmly believe it's heading there either way and doing it this way allows them to squeeze this into levels even more absurd than a penny. My trading is probably 90% chart based and this is about as good of a bet as it gets in my system. Since 2019 MIKP has quietly put in 3 secular higher highs in a row, and is now sitting on a launchpad bigger than even I probably appreciate. I'm not betting on Mark's word, I'm betting on what I believe is a high probability chart setup with ludicrous upside potential. The series of higher highs is a level of long term confirmation you would normally only get after a stock had gone into orbit and went nuts. This is a case where you have a long term buy signal, but the split is offering you a short term discount that otherwise wouldn't be there. The most toxic r/s will bring the o/s to incredibly illiquid levels, but these guys did it right and are going to have it in the 50 - 60 million range. Plenty liquid and plenty of room to grow.
Recent MIKP News
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 11/28/2023 10:00:20 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/22/2023 06:06:28 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/14/2023 07:00:35 PM
- Form PREM14C - Preliminary information statements relating to merger or acquisition • Edgar (US Regulatory) • 11/02/2023 04:01:43 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 10/04/2023 04:01:33 PM
- Form 10-12G/A - Registration of securities [Section 12(g)]: [Amend] • Edgar (US Regulatory) • 08/23/2023 08:54:45 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/22/2023 06:10:15 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2023 01:07:41 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/28/2023 01:43:32 PM
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